Posted in General Business 30+ days ago.
Type: Full-Time
Location: Boston, Massachusetts
As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.
This job is essential to Bank operations and will be an onsite role.
Job Summary
The primary functions of the Operations unit are to issue new currency on behalf of the U.S. Treasury, store currency in our vaults, process and verify financial institutions’ cash deposits, distribute currency and coin orders for financial institutions, detect and remove counterfeit notes from circulation, destroy unfit currency, and provide contingency and emergency currency and coin services to financial institutions in the First District and to other districts (EROC and Philadelphia) as needed.
The Operation Manager are responsible for developing teams that are accountable for driving operational excellence in a fast paced and highly regulated environment. This position will be responsible for a multishift team focusing on operational excellence in the processing of US currency using complex, authentication, and piece sorting technology. In addition, this position ensures the proper functioning and preventive maintenance of all currency processing systems as well as coordinate all associated high speed processing software and hardware system upgrades. The Operation Manager will be reporting to the Assistant Vice President of Cash Operations.
Responsibilities:
Other Accountabilities
Performs other duties as assigned. Applicant must have flexibility in working different shifts, including night shift, as this will become a multi-shift function; some experience managing a multi-shift operation preferred.
Supervision
This position is required to supervise 4 direct reports and 20 indirect.
Experience and Knowledge
Banking experience is not required. Operational experience in military, manufacturing, automotive, engineering, biotech, electronics, energy, machinery, medical, production, or distribution environments will be considered.
The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Salary: $129,300.00
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